Ep 95. Property Tax Increases Capped in Alabama
Description
In this episode of On the House with Spartan Invest, we are discussing the recent property tax legislation signed by Governor Kay Ivy in Alabama, which caps property tax increases at 7% after reappraisals. We'll explore the implications of this legislation for real estate investors, including increased predictability in operating expenses, attractiveness for out-of-state investors, and potential impacts on property demand and development. Additionally, we'll address the effects on long-term homeowners and community stability, highlighting both the benefits and potential trade-offs of the new law.
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